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Global Logistics: Page 259

TNT Express Opens New Center in Romania

TNT Express has opened a new hub near Romania's third largest airport, Traian Vuia International Airport, in Timisoara. TNT Romania said its new Timisoara Centre was built to provide operational and technological support specifically for high-performance express services.

Fleet Behavior Tracking Systems Released

A U.S. firm has announced the addition of a driver behavior feature set to its fleet tracking system. The technology aims to help fleet operators identify drivers who are compromising safety and fuel efficiency by their behavior behind the wheel.

Supply Chain Finance Provider Releases New Version

PrimeRevenue Incorporated, a provider of a SaaS platform for global supply chain finance, announced the release of version 5.5 of its OpenSCi SCiSupplier platform.

Four Indonesian Airports to Adopt New Airfreight Security

Four of the busiest airports in the country will get tightened cargo security this year to enhance screening of dangerous items, a move that raises concerns from business people who say the extra measure will make the current "slow" service even less efficient.

British Parliament Shows Enthusiasm for Freight and Logistics Industries

The current British politicians representing the transport sector certainly seem to be putting themselves out again this month with ministerial visits to two of the country's major container shipping ports, a leading logistics park and the launch of a new scheme to place ex-forces personnel into work in the freight and logistics sectors.

Freightgate Announces Predictive Analytics for Logistics Management

Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.

Maersk CEO Predicts 'Modest' Growth in Container Shipping

A.P. Moller-Maersk relied on higher freight rates and cost reduction schemes to lift fourth-quarter profit, but modest growth expectations and concerns about pricing has the Danish shipping conglomerate relying increasingly less on mature shipping markets and turning the focus to emerging markets and its oil business.

Wary of Losing Business Because of Panama Canal, Officials Urge L.A, Long Beach to Upgrade Now

Port and city officials have called for expediting planned upgrades at the ports of Los Angeles and Long Beach to stave off the threat of losing cargo traffic when the $5.25bn Panama Canal expansion is completed next year.

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Chief Executive of Maersk Focuses on Improving African Infrastructure

The CEO of Maersk Group toured Nigeria, Angola and Ghana in a bid to focus on African infrastructure improvements. As African economies boom, infrastructure improvements become more important to turning the growth into sustainable development, and Maersk is planning to take a role in this transition.

India's Supply Chain Is Improving, But Still Has a Long Way to Go

Analyst Insight: India has one of the world's fastest-growing economies. Based on the country's 12th Five-Year Plan, manufacturing in India is expected to grow at a healthy CAGR of 9.5 percent. However, according to a World Bank Survey, India ranks 46th in global trade logistics performance and 13th in GDP growth worldwide. Despite the generally positive economic outlook, estimates indicate that the country's inefficient supply chain results in an approximately $65bn loss per year. - Neelam Singh, Senior Analyst, and Steve Banker, Service Director, Supply Chain Management, both of ARC Advisory Group

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Supply Chain Disruptions Major Threat to Share Prices of Businesses

In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.

BizSlate Launches Small Business Supply Chain Assistant

New York-based BizSlate is launching its cloud-based resource planning tool to give small business a hand with their supply chain challenges. Unlike legacy vendors in that sector, including SAP and Netsuite, the technology is specifically designed for department stores, retail chains, small boutiques and the like. Chief executive Marc Kalman says BizSlate is ideal for companies that have "outgrown QuickBooks" but don't have ample resources at their disposal for IT.

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